CRS Group

08/12/2021

Credit Reporting Services (CRS): Innovative Credit Data needs?

A Credit Data Concierge, changing the way companies approach credit data.

As a software company and credit reporting agency, CRS offers products and compliance in one package, saving customers significant amounts of time and money. Our team and credit reporting technology work across a broad range of industries and credit permissible purposes. Whether it’s Credit and Public Records Data, Credit Access Portal, Credit Data Applications and Widgets, Data Furnishment API, CRA and Compliance Services as well as Marketing Services, CRS transforms the tiresome, old method of managing credit data into a simple, instantaneous process. We’ll keep your company up to speed in today’s fast paced world.

Businesses benefit from CRS’s reputation and industry relationships. Andrew Safabakhsh (COO of Investment Banking Network) "... the best credit contact I have ever had the pleasure of working with, very much appreciate your excellent service!”

Talk to a credit data expert today @ https://buff.ly/3lyEzYh

07/22/2021

Newest FICO Credit Scoring Model. What lenders need to know:

FICO is launching a new scoring model this summer, called the FICO Score 10.

“The real winner here will be lenders, though. According to Fair Isaac, the new model should reduce defaults significantly—particularly for lenders who issue mortgages. Fair Isaac estimates that credit card companies could reduce defaults as much as 10% under the new model, while auto lenders could decrease their rates by about 9%.”

With CRS aggregate data resources, your mortgage business as a lender can be a winner. Be prepared to navigate these changes with CRS by your side.

07/16/2021

Keeping track of your clients’ credit scores is a tiresome task. With the constantly, evolving landscape of eCredit Monitoring™, your business is best served by a scalable, integrated platform like Credit Reporting Services (CRS).

At Credit Reporting Services, we have that all-in-one product where you can seamlessly access credit data for your business’s clients.

07/12/2021

Post-Pandemic: Return to Work and Credit

“As employers and employees alike are finding it complex to find a solution to the return-to-work scenario, the future of how businesses go about getting loans and raising money through debt looks vastly different from the pre-pandemic environment.”
https://buff.ly/2Uzl0Uf

CRS provides scalable Credit lending solutions that can help your business make quick, intelligent choices about investments.

The future of how businesses go about getting loans and raising money through debt looks vastly different from the pre-pandemic environment.

07/10/2021

Alternative Credit Lending Now Mainstream? What lenders need to know:

“Ever since the concept of alternative lending took hold in 2013, proponents have made substantive claims of what alternative data could achieve by bringing disadvantaged consumers into the lending economy. At the time, however, traditional models such as FICO and Vantage were the status quo. While recent versions of these scoring models now incorporate alternative data and provide some insight into consumers without complete credit files, acquiring this data has remained a challenge both for lenders and the credit bureaus.”

CRS offers a variety of integrated Credit Lending Solutions tailored both to your businesses needs and the rapidly changing consumer credit landscape. We save you time so you can focus on what matters: your business’s growth

Ever since the concept of alternative lending took hold in 2013, proponents have made substantive claims of what alternative data could achieve by bringing disadvantaged consumers into the lending economy. At the time, however, traditional models such as FICO and Vantage were the status quo. While r...

07/09/2021

Do you use Zoho CRM? In some cases, we can all you to integrate credit data in from all three of the bureaus within days.

Integrate Credit Data from all three Credit Bureaus directly into your ZoHo CRM. Easily collect, compare and analyze credit data all inside your ZoHo account. Integrate real-time credit data & more 3 Credit Bureaus Access to the three credit bureaus gives you all the information you need to manage t...

04/13/2021

Straightforward but an important reminder - pay on time.

Don't let the pandemic wreck your credit score.

04/13/2021

The credit score system in the United States takes into account both positive and negative marks on individuals' financial history.

The idea of credit is not an American invention — its history stretches back at least 5,000 years to early agricultural loans, with the first formal laws about credit set in the Code of Hammurabi in 1800 BC, according to Business Insider and Equifax.

A viral post claiming the U.S. is the only country with a credit score system has it wrong; many other countries use credit scores of some kind.

04/13/2021

Check out our newly added LexisNexis FlexID product available at $0.95 per report!

04/13/2021

Did you know the average number of credit cards help by Americans is 4? How many credit cards do you have?

12/07/2020

Are you a retailer? If you aren't allowing flexible payment options, you are missing out on serious growth. CRS provides data to lending solutions powering this innovation.

Some of the country’s biggest retailers are resurrecting a modern version of a long-retired payment option similar to layaway or rent-to-pay.

11/05/2020

Consumers are getting more educated on the benefits of tracking their scores.

Million of Americans are confused by credit scores, even as credit companies market new programs to help boost them. Consumer Reports explains what you need to know about credit scores.